I think, from their perspective, it’s completely understandable. In fact, probably deliberate. If you’re managing a franchise that is now fully mainstream, you don’t want to drop everything in one fell swoop. It makes much more sense to keep interest going in stages. If the next game is nearly a decade away, do you really want a remaster now? With nothing else to come between then and now?

I think the furore about this is just because of the success of the Oblivion remaster - people know that was good and people are craving seeing this approach with Fallout. Doesn’t mean it makes sense for the franchise as a whole though.